A Letter of Intent to Sale Property is commonly used in the UAE real estate market as a preliminary step in property transactions. It serves as a formal expression of interest from a potential buyer to a property owner, setting out the fundamental terms of the proposed purchase while maintaining a non-binding nature overall. This document is particularly important in the UAE context where property transactions must follow specific legal frameworks and registration requirements. The letter typically precedes the formal Sale and Purchase Agreement (SPA) and is used to establish exclusivity periods, outline due diligence requirements, and document preliminary agreements on key commercial terms. It's especially valuable in complex property transactions or when dealing with commercial properties where detailed negotiations are necessary before proceeding to binding agreements. The document must align with UAE property laws and regulations, including those specific to different emirates and free zones.

1. Letter Header: Date, addressee details, and reference line identifying the property

2. Opening Statement: Clear statement of intent to purchase the specified property

3. Property Details: Detailed description of the property including address, size, and registration details as per UAE property registry

4. Price and Payment Terms: Proposed purchase price and intended payment structure

5. Transaction Timeline: Proposed timeline for due diligence, documentation, and completion

6. Due Diligence: Statement regarding the buyer's intention to conduct property and legal due diligence

7. Key Commercial Terms: Overview of main terms including deposit, payment schedule, and key conditions

8. Non-Binding Nature: Clear statement that the letter is not legally binding except for specified clauses

9. Exclusivity Period: Proposed period during which the seller will not negotiate with other parties

10. Closing Statement: Request for confirmation and next steps

11. Signature Block: Space for signatures of both parties